A Tour in the Silicon Valley Style New Headquarters of Lenovo
On October 22, Lenovo celebrated the launch of its new headquarters in the Phase II of Zhongguancun Software Park, the high-tech zone in the northwest of Beijin...
10/24/20184 min read
All Posts
Showing 12 of 13237 posts
NetEase First Quarter Revenue Beats Expectations, Posts $502 Million Net Income
Chinese video game and entertainment company NetEase beat analyst expectations for its first quarter revenues as the company increased its online games revenue with new game launches and further monetized its music streaming app.
5/20/20203 min read
Toutiao Enters the Online Education Industry with “Gogokid”
Toutiao entered the industry of online English courses for children by launching of a new educational product branded “gogokid”. The developer of this product ...
Chinese Organizations in Silicon Valley Recommend New Jobs for Laid-Off Meta Staff
On the evening of November 9, Meta CEO Mark Zuckerberg announced that the company would lay off 13% of its workforce, affecting more than 11,000 employees. Many Chinese organizations in Silicon Valley have begun to recommend each other for new job opportunities.
Li Auto's May Day Travel Report: Cumulative Mileage of 144 Million Kilometers
On May 6th, Li Auto released a report on May Day travel. The total mileage of its vehicles reached 144 million kilometers, including 72.29 million kilometers driven by fuel, which increased by 147% compared to normal days and increased by 372% from last year's May Day.
5/6/20232 min read
ByteDance Enters Gaming Sector
Caijing’s Late Post reported that ByteDance, the world’s most valuable startup, is looking to begin developing mobile games.
Artificial Intelligence Startup CloudWalk Debuts on STAR Market
CloudWalk, an artificial intelligence enterprise, was officially listed on the Shanghai Sci-Tech Innovation Board (STAR Market) on Friday.
5/27/20223 min read
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.
8/12/20223 min read
China VC Weekly: Autonomous Driving Momentum
In last week’s VC news, online medical platform Dingdang Health raises $220 million to expand its O2O strategy, lidar-maker Hesai closes a considerable Series D followed by a hefty Series C round raised by autonomous driving chip-maker Horizon robotics, while Tencent invests in a German online brokerage.
6/15/20215 min read
Self-Driving Business of Alibaba's DAMO Academy Merged into Cainiao
On May 13, Alibaba's research institute DAMO Academy was reported to be undergoing a major organizational restructuring. The autonomous driving laboratory, which has long been unable to generate profits, will be merged into Cainiao, the logistics arm of Alibaba.
5/15/20232 min read
Chip Supplier Gatesea Completes Round A Financing
Gatesea, a supplier of new energy and smart grid chips, has completed a round A of financing worth nearly 100 million yuan ($14.79 million), according to an announcement issued on July 27 by Profir Capital, a financial consultant of the deal.
The U.S. Backs Down on Huawei Ban
The U.S. will allow American companies to sell technology to the blacklisted Chinese telecommunications giant Huawei where there is no threat to US national security
7/10/20192 min read